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Substitution of regulation 134 of the principal Regulations

18. For regulation 134 of the principal Regulations (modification of section 134(4) of the Act), substitute—

“Modification of section 162(5) of the Social Security Administration Act 1992

134.In section 162 of the Social Security Administration Act 1992 (destination of contributions), subsection (5)(1) (which specifies the amount of the national health service allocation to be deducted from each class of contribution prior to their payment into the National Insurance Fund) shall be modified, in the case of contributions paid at the rate reduced in accordance with regulation 89(1) of these Regulations (modification of section 9(2) of the Social Security Contributions and Benefits Act 1992 in relation to mariners), as if, instead of the percentage figure specified in paragraph (b) of that subsection, there were the percentage figure, “0.6”.”.

(1)

Subsection (5) is amended by section 2(1) of the Social Security (Contributions) Act 1994 (c. 1) and section 65(2) of, and paragraph 99(3) of Schedule 7 to, the Social Security Act 1998.

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